25ºF

Michigan gas prices increase 9 cents

photo


AAA Michigan reports that for the third consecutive week, the statewide average weekly gas price has increased from the previous week.

Michigan's current statewide average is about $2.52 per gallon, about 9 cents more than last week's average and about 76 cents less than this same time last year.

Metro Detroit's average weekly gas price has increased from the previous week.

Metro Detroit's current average is about $2.52 per gallon, about 9 cents more than last week and about 81 cents less than this same time last year.

Of the cities surveyed by AAA for self-serve unleaded fuel, the lowest average price can be found in the Marquette area, where it's about $2.40 per gallon. The highest average price can be found in the Jackson area, where it's about $2.56 a gallon.

This fall's refinery maintenance season is expected to be heavier than in years past because refineries ran at such high rates during the summer.

Refineries typically conduct maintenance in the autumn and spring when demand for gasoline, diesel and heating oil is relatively low.

More refineries than typical have scheduled maintenance for the next few weeks.

Retail averages could rise during this maintenance period.

Much of this maintenance should wrap up by December, which would allow a steady decline in gas prices later in the year.

Uncertainty about global oil demand is reportedly impacting the price of crude oil.